CleanSpark: Recent Acquisitions And Increase In Capacity Are Offset By Halving Decline


  • CleanSpark has achieved significant growth through acquisitions, doubling its revenues and increasing its hashrate.
  • Acquisitions should boost the company’s total capacity to over 24 EH/s once fully operational.
  • However, the economics of Bitcoin mining pose challenges, as the amount of Bitcoin mined decreases over time despite increased computational capacity.
Bitcoin on fire


I was wrong on CleanSpark (NASDAQ:CLSK). At the time I wrote my article almost 4 years ago, I was bullish on Bitcoin. CleanSpark, at the time, was a technology solutions provider for the energy industry. My thinking was that by using as cheap

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